ANDHRA PRADESH

Second phase of knowledge park inaugurated

HYDERABAD Nov. 24. The second phase of the ICICI Knowledge Park was inaugurated on Sunday at Shameerpet mandal. Built at a cost of Rs. 10 crores and spread over 30,000 square feet, the knowledge park provides complete scientific and infrastructure facilities for companies which need to undertake R&D.

The first phase of the park took over a year to build. The second phase, however, came up in less than six months, informed K.V. Kamath, MD and CEO of ICICI Bank while speaking at the inauguration of the international conference on Drugs Discovery and Healthcare. Mr. Kamath added that the next phase would be completed within 90 days.